Pemex Dos Bocas refinery: Commercial start-up unlikely before Q4 2024

The Dos Bocas refinery is currently navigating start-up challenges. Despite numerous reports, we remain confident in our prediction that the refinery will begin operations in December 2024. Pre-commissioning for the first train of the CDU (170 kbd) unit is planned for November, with crude intake slated for December and ramp-up operations set to commence in Q1 2025.